Japan Provides over US$160k for Emergency Project to a Hospital in Sihanoukville

The Government of Japan has provided $ 166,837 for the procurement of used ambulances and fire trucks for the Cambodia-Vietnam Friendship Hospital in Sihanoukville. This is according to the signing ceremony of the grant agreement on March 28, 2023. This project provides 2 ambulances and 2 fire trucks, which were modified and provided to the Cambodia-Vietnam Friendship Hospital in Sihanoukville....

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AFD Increases Funding to €200m for Cambodia, €25M (US$27M) Allocated for Rural Road Development

The French Agency for Development (AFD) has reaffirmed its commitment to supporting Cambodia's economic growth by doubling its cooperation financing from €100 million to €200 million per year. Furthermore, an additional €25 million (US$ 27 million) will be allocated to the Department of Rural Development for rural infrastructure development. At the recent meeting on 28-29 March 2023 between the...

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165km of 14 New Road Spanning Six Districts in Kompong Speu Officially Inaugurated

A total of 14 new roads spanning more than 165km in length in Kampong Speu province, were officially inaugurated under the auspices of HE Hun Many, an elected lawmaker in the province, on 29 March 2023. The roads, which were constructed under the Ministry of Rural Development's management, include 153.25km of DBST paved roads and 12.38km of paved and concrete roads. The project cost is US$15.15...

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K (Cambodia) Co Ltd Launches $7M ISUZU Vehicle Assembly Plant in Kampong Speu

K (Cambodia) Co Ltd's $7 million ISUZU vehicle assembly plant in Kampong Speu province has been officially opened by HE Sok Chenda Sophea, Secretary General of the Council for the Development of Cambodia (CDC), on 29 March 2023. The plant was approved by the CDC in early 2022 and is expected to create 166 new jobs in the area. The Council for the Development of Cambodia (CDC) notices issued in ...

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Mizuda Waste Management Eyeing Investment in Phnom Penh Waste-To-Energy Project

Chinese-owned Mizuda Waste Management Co Ltd is considering an investment in a waste-generated power project in Phnom Penh, according to the CEO of Mizuda Shan Jian Ming. The company is one of three garbage collection firms operating in the Cambodian capital. During a meeting with Phnom Penh Governor HE Khuong Sreng on 28 March 2023, Mr. Shan Jian Ming expressed confidence in the Cambodia gover...

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Private Companies Raise US$307M from Stock Market for Infrastructure Development by Early 2023

Private companies investing in the Securities and Exchange Regulator of Cambodia (SERC) have raised approximately US$307 million from the stock market by early 2023. The capital raised will be used for the development of infrastructure in the country, according to a report released by SERC on 28 March 2023. The report highlights the intended use of the proceeds, including developing clean water...

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JICA signs US$30m additional grant to expand water supply system in Svay Rieng

The Japan International Cooperation Agency (JICA) has signed an amendment to a grant agreement with the Ministry of Economy to expand the water supply system (WSS) in Svay Rieng province worth more than US$30m (3,986 million yen). The agreement was signed by His Excellency Aun Porn Moniroth, Minister of Economy and Finance, on 21 March 2023. The grant aims to maintain the stability of the water...

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Banteay Meanchey needs 115 kilovolts of power while currently can produce only 30 kilovolts

Banteay Meanchey province is experiencing an electricity shortage, as it currently produces only 30 kilovolts while the province needs about 115 kilovolts of electricity. This was revealed by HE Oum Rath, the Governor of Banteay Meanchey province, during a press conference on "Success in the past 5 years" held on 28 March 2023. HE Oum Rath confirmed that the government has been purchasing energ...

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The modern and biggest, Techo Aphivadh Building at Calmette Hospital set to open in May 2023

The largest and most modern hospital in Phnom Penh, the Techo Aphivadh of Calmette Hospital, is nearly complete and expected to open in May 2023. The 12-story multi-speciality centre has more than 42,000 square meters total and can accommodate up to 328 beds. According to HE Professor Mam Bun Heng, Minister of Health, the construction work on the building is more than 98% complete. During a pro...

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GOV’t Aims to Reduce Energy Consumption in Housing by 34% by 2030

According to official figures, Cambodia's urban population is projected to increase significantly by 2030. This, coupled with the growth in housing, has led the government to set a national policy of reducing energy consumption in the residential sector by 34% from 17,981 GWh to only 11,826 GWh. The announcement was made as part of the implementation of the National Policy on Energy Efficiency 202...

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